1997 Session

Budget Amendments - SB700 (Committee Approved)

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VMI Fac Sal

Item 239 #3s

Item 239 #3s

First Year - FY1997 Second Year - FY1998
Education: Higher Education
Virginia Military Institute FY1997 $0 FY1998 $174,115 GF

Page 172, line 48, strike "$16,344,308" and insert "$16,518,423".

(This amendment provides additional funding in the second year for a 5 percent salary increase for instructional faculty, and a 4 percent increase for administrative and adjunct faculty and graduate teaching assistants. The percentage for instructional faculty is intended to help the institution regain the 60th percentile of average faculty salaries for its peer group, over a four-year period.)